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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $3,269/mo, and a $2,986/mo payment. Purchase price stands at $610,000, and rental yield measures 6.43% with $3,269/mo rent. Return on cash invested shows 17.19% in year one, and 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 88.16% and total cumulative return in cash records $176,923. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,269/mo property income covering a $2,986/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.33 Acres lot
$N/A/sqft
$800 annually HOA
Neighborhood data shown for ZIP Code: 97306, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,384 (100%) |
| Owner Occupied HU | 8,940 (66.8%) |
| Renter Occupied HU | 3,980 (29.7%) |
| Vacant Housing Units | 464 ( 3.5%) |
| Median Home Value | $505,414 |
| Average Home Value | $554,238 |
Residential
13,956
Single Family
13,531
Multi-Family
425
Businesses
207
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $610,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-21 | $4622.51 | 3.12% | $376,680 | N/A |
| 2022-04-21 | $4482.84 | N/A | $376,680 | 3.00% |
| 2021-04-21 | N/A | N/A | $365,710 | 13.33% |
Listed by: CHES ALLEN • Premiere Property Group, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #827839
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
